The funds will be used to improve their engine, mobile experience and expand their team of experts.

By
Dane Weeden

The mobile MOBA industry is beginning to boom and one of the biggest players in the market has shown their hand after an injection of cash from investors.

Super Evil Megacorp, developer and publisher of the popular mobile MOBA Vainglory has announced they have raised $19 million from investors and will expand their operation.

“Already the most competitive mobile MOBA on the market, with an active global esports scene and growing community, Vainglory is off to a great start,” CEO Kristian Segerstrale said.

“Together with our investors we’re doubling down on our missions to build the best core gaming experiences for the touchscreen generation, and to create a home for talented game developers
who are passionate about pushing the boundaries of the industry."

So what do you do with $19 million?

The team is also working on a 5v5 mode for Vainglory along with continued development of their multi platform engine E.V.I.L.

"This round of funding also allows us to continue to develop our proprietary, console-grade, multi-platform engine, which is called E.V.I.L. As a studio, we’re obsessed with technology and unleashing beautiful graphics, stunning visual effects and realistic animations at the highest possible frame rates, across the broadest range of platforms. We’re thrilled with what our engine makes possible today, and we’re excited about how much more we can do for Vainglory and beyond in the days ahead." CEO Kristian Segerstrale said.

The Super Evil Megacorp Team

Vainglory also participated in Singapore's annual Youth celebrations at the SHINE Festival 2017, where they were part of a line-up that featured E-sports for the first time in the festival's 12 year history.

Plenty of people checked out Vainglory at the SHINE Festival 2017

Vainglory already has the biggest esports scene in mobile MOBAs with more than 3,000 teams across North America and Europe alone, 1500 in APAC, and over 1 billion matches played.

There is no doubt we will see more large tournaments in the Southeast Asian region. Only time will tell if Vainglory will one day rival PC MOBAs like Dota 2 or League of Legends.

Dane Weeden is a full-time esport writer for IGN SEA. Follow him on twitter @XilDizzle